in the context of international oil prices and the sharp rise in grain prices, inflation expectations continue to push higher, while European debt crisis, United States poor economic data, as well as the dollar index “ fell falls over the ” and, under the effect of these multiple favorable factors, gold prices surged this week.
international spot gold on Wednesday for a second successive record highs, us $ 1460/ounce. At 11:37 A.M. ' yesterday, spot gold reported $ 1456.08/oz.
analysts believe that oil and grain prices to rise, gold inflation function to show. While the gold in the long term upward trend will be short-term interference factors in the occurrence of shock, inflation and volatile gold filled markets look forward to in the international situation. April gold is expected to usher in another after shock wave rise trend.
